Amazon's HQ2 won't be in one place

Press enter to search
Close search
Open Menu

Amazon's HQ2 won't be in one place

By Gina Acosta - 11/05/2018
Over the weekend media reports indicated that Amazon would be building its second headquarters in the D.C. area, but Dallas and New York City are also in the “advanced talks” stage.

Amazon will split its second headquarters between two cities, with each housing 25,000 workers, according to a Wall Street Journal report.

Amazon came to its decision when considering the need to recruit enough talent, the Journal said. 

Over the weekend media reports indicated that Amazon would be building its second headquarters in the D.C. area, but Dallas and New York City are also in the “advanced talks” stage.

According to the Journal, Amazon has progressed to late-stage talks on its planned second headquarters with a small handful of communities including northern Virginia’s Crystal City, Dallas and New York City.

In Northern Virginia, Amazon is negotiating with government officials on incentives, while it’s also talking with JBG Smith Properties, a publicly traded real-estate investment trust, about the Crystal City real estate it owns. Part of the negotiations involve nailing down the investment targets Amazon would have to meet to qualify for incentives, the Journal said.

New York is still actively talking with Amazon, although it’s unclear how far along they are in the process.

A final decision is expected as soon as this week, the Journal reports.

RELATED TOPICS